Eastman Chemical Stock Price History

EMN Stock  USD 105.59  1.99  1.92%   
Below is the normalized historical share price chart for Eastman Chemical extending back to December 14, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Eastman Chemical stands at 105.59, as last reported on the 24th of November, with the highest price reaching 105.84 and the lowest price hitting 103.70 during the day.
IPO Date
10th of October 1993
200 Day MA
99.1115
50 Day MA
106.4242
Beta
1.459
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Eastman Stock, it is important to understand the factors that can impact its price. As of now, Eastman Stock is very steady. Eastman Chemical secures Sharpe Ratio (or Efficiency) of 0.0629, which denotes the company had a 0.0629% return per unit of risk over the last 3 months. We have found thirty technical indicators for Eastman Chemical, which you can use to evaluate the volatility of the firm. Please confirm Eastman Chemical's Coefficient Of Variation of 1163.6, mean deviation of 1.11, and Downside Deviation of 1.37 to check if the risk estimate we provide is consistent with the expected return of 0.0901%.
  
At this time, Eastman Chemical's Common Stock Shares Outstanding is very stable compared to the past year. As of the 24th of November 2024, Stock Based Compensation is likely to grow to about 68.2 M, while Total Stockholder Equity is likely to drop about 3.1 B. . At this time, Eastman Chemical's Price Book Value Ratio is very stable compared to the past year. As of the 24th of November 2024, Price Earnings To Growth Ratio is likely to grow to 0.43, while Price To Sales Ratio is likely to drop 0.76. Eastman Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0629

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Estimated Market Risk

 1.43
  actual daily
12
88% of assets are more volatile

Expected Return

 0.09
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average Eastman Chemical is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Eastman Chemical by adding it to a well-diversified portfolio.
Price Book
2.1647
Enterprise Value Ebitda
8.692
Price Sales
1.3099
Shares Float
115 M
Dividend Share
3.24

Eastman Chemical Stock Price History Chart

There are several ways to analyze Eastman Stock price data. The simplest method is using a basic Eastman candlestick price chart, which shows Eastman Chemical price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceSeptember 26, 2024113.77
Lowest PriceSeptember 6, 202496.41

Eastman Chemical November 24, 2024 Stock Price Synopsis

Various analyses of Eastman Chemical's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Eastman Stock. It can be used to describe the percentage change in the price of Eastman Chemical from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Eastman Stock.
Eastman Chemical Price Action Indicator 1.82 
Eastman Chemical Price Daily Balance Of Power 0.93 
Eastman Chemical Price Rate Of Daily Change 1.02 

Eastman Chemical November 24, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Eastman Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Eastman Chemical intraday prices and daily technical indicators to check the level of noise trading in Eastman Stock and then apply it to test your longer-term investment strategies against Eastman.

Eastman Stock Price History Data

The price series of Eastman Chemical for the period between Mon, Aug 26, 2024 and Sun, Nov 24, 2024 has a statistical range of 17.36 with a coefficient of variation of 4.37. Under current investment horizon, the daily prices are spread out with arithmetic mean of 104.63. The median price for the last 90 days is 105.09. The company completed 2:1 stock split on 4th of October 2011. Eastman Chemical completed dividends distribution on 2024-09-16.
OpenHighLowCloseVolume
11/24/2024
 103.79  105.84  103.70  105.59 
11/22/2024 103.79  105.84  103.70  105.59  1,006,406 
11/21/2024 101.35  103.72  100.53  103.60  1,249,431 
11/20/2024 101.16  101.56  100.56  101.37  1,788,167 
11/19/2024 102.67  103.18  101.19  101.33  836,375 
11/18/2024 102.63  104.11  102.51  104.01  1,180,561 
11/15/2024 101.01  102.06  100.80  101.61  990,039 
11/14/2024 100.76  101.41  100.11  100.75  1,026,608 
11/13/2024 100.60  102.14  100.51  100.77  832,415 
11/12/2024 101.55  102.34  100.33  100.49  1,023,482 
11/11/2024 101.67  103.09  100.92  102.37  1,108,078 
11/08/2024 102.60  102.94  101.16  101.47  1,116,479 
11/07/2024 103.64  104.81  103.03  103.54  1,527,596 
11/06/2024 105.00  105.03  102.49  103.68  1,751,831 
11/05/2024 99.08  100.92  98.17  100.88  1,127,689 
11/04/2024 101.87  102.39  99.93  100.05  1,196,591 
11/01/2024 102.00  104.54  100.00  101.08  1,789,390 
10/31/2024 104.94  105.79  104.38  105.09  1,318,187 
10/30/2024 105.32  106.90  104.84  104.99  693,221 
10/29/2024 105.60  106.33  104.68  104.84  634,797 
10/28/2024 106.34  106.86  105.69  106.70  692,419 
10/25/2024 106.85  107.02  105.24  105.43  603,275 
10/24/2024 107.73  108.03  106.03  106.72  637,908 
10/23/2024 106.50  107.54  105.82  106.98  745,655 
10/22/2024 107.46  107.78  106.45  107.06  848,944 
10/21/2024 108.68  108.97  106.98  107.82  513,769 
10/18/2024 110.00  110.05  108.18  108.84  872,352 
10/17/2024 109.33  109.53  107.98  109.45  610,573 
10/16/2024 108.87  110.88  108.47  108.72  952,080 
10/15/2024 110.39  111.79  109.68  110.32  934,592 
10/14/2024 109.88  110.75  109.31  110.41  873,600 
10/11/2024 110.42  111.25  110.42  110.57  523,498 
10/10/2024 109.72  110.77  109.09  110.11  495,337 
10/09/2024 108.38  110.12  107.83  109.72  567,716 
10/08/2024 108.27  108.93  106.90  108.27  1,071,471 
10/07/2024 108.59  109.43  107.80  109.27  820,334 
10/04/2024 109.41  109.85  107.95  109.00  764,000 
10/03/2024 109.47  109.69  107.47  107.93  1,004,797 
10/02/2024 110.36  110.87  109.70  110.15  537,404 
10/01/2024 112.01  112.01  110.00  110.63  877,886 
09/30/2024 112.30  113.03  110.90  111.95  729,530 
09/27/2024 114.24  114.50  112.09  112.38  836,027 
09/26/2024 111.93  114.16  111.86  113.77  878,173 
09/25/2024 111.43  111.43  109.85  110.33  600,894 
09/24/2024 108.78  111.12  108.76  110.58  1,659,996 
09/23/2024 107.35  108.14  106.77  108.01  884,129 
09/20/2024 107.34  107.34  105.82  106.63  1,442,445 
09/19/2024 108.72  108.81  107.08  108.26  1,053,547 
09/18/2024 106.04  108.04  105.63  106.38  903,114 
09/17/2024 105.91  107.11  105.40  105.93  1,041,642 
09/16/2024 102.84  105.88  102.84  105.38  1,170,043 
09/13/2024 99.66  102.37  99.66  102.29  1,049,270 
09/12/2024 98.02  98.98  96.86  98.84  847,584 
09/11/2024 97.42  98.24  95.29  98.15  799,192 
09/10/2024 97.49  97.49  96.17  97.42  548,435 
09/09/2024 96.70  98.16  96.61  97.24  1,274,447 
09/06/2024 96.90  98.09  95.78  96.41  1,593,493 
09/05/2024 98.61  98.61  96.87  97.24  796,684 
09/04/2024 99.46  100.60  98.37  98.46  747,369 
09/03/2024 100.25  101.51  98.76  99.50  947,209 
08/30/2024 100.47  101.74  100.03  101.57  808,987 

About Eastman Chemical Stock history

Eastman Chemical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Eastman is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Eastman Chemical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Eastman Chemical stock prices may prove useful in developing a viable investing in Eastman Chemical
Last ReportedProjected for Next Year
Common Stock Shares Outstanding119.4 M121.3 M
Net Income Applicable To Common Shares912 M672.7 M

Eastman Chemical Quarterly Net Working Capital

1.35 Billion

Eastman Chemical Stock Technical Analysis

Eastman Chemical technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Eastman Chemical technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Eastman Chemical trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

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Eastman Chemical Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Eastman Chemical's price direction in advance. Along with the technical and fundamental analysis of Eastman Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Eastman to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Eastman Chemical offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eastman Chemical's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eastman Chemical Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eastman Chemical Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eastman Chemical. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
To learn how to invest in Eastman Stock, please use our How to Invest in Eastman Chemical guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Is Diversified Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eastman Chemical. If investors know Eastman will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eastman Chemical listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.027
Dividend Share
3.24
Earnings Share
7.47
Revenue Per Share
79.642
Quarterly Revenue Growth
0.087
The market value of Eastman Chemical is measured differently than its book value, which is the value of Eastman that is recorded on the company's balance sheet. Investors also form their own opinion of Eastman Chemical's value that differs from its market value or its book value, called intrinsic value, which is Eastman Chemical's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eastman Chemical's market value can be influenced by many factors that don't directly affect Eastman Chemical's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eastman Chemical's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eastman Chemical is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eastman Chemical's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.